A Preview Of Nucor's Earnings
Portfolio Pulse from Benzinga Insights
Nucor (NYSE:NUE) is set to announce its quarterly earnings on October 21, 2024. Analysts estimate an EPS of $1.49. The market is optimistic about Nucor surpassing estimates and providing positive guidance. In the past, Nucor's EPS beats have not always led to positive stock price movements. Analysts rate Nucor as 'Outperform' with a price target of $170, suggesting a 7.53% upside. Nucor's financials show strong net margins and ROE but face challenges in revenue growth.
October 18, 2024 | 6:20 pm
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Nucor is expected to announce its earnings with an estimated EPS of $1.49. The market is optimistic about the company surpassing estimates and providing positive guidance. Analysts rate Nucor as 'Outperform' with a price target of $170, indicating a potential upside.
Nucor's upcoming earnings announcement is highly anticipated, with analysts expecting an EPS of $1.49. The market is optimistic about the company surpassing these estimates and providing positive guidance, which could drive the stock price up. Analysts' 'Outperform' rating and a price target of $170 suggest a potential upside, further supporting a positive short-term impact on the stock price.
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